WDIV - WDIV: Own Other Dividend ETFs Instead

2024-06-09 07:56:18 ET

Summary

• SPDR Global Dividend ETF has a portfolio of international dividend stocks, with a dividend yield of 4.7%.
• WDIV is heavily concentrated in the U.S., Canada, and Japan, representing 56.3% of its portfolio.
• WDIV has delivered a negative price return of 14.1% since its inception, underperforming other international dividend growth funds.

ETF Overview

SPDR® S&P Global Dividend ETF ( WDIV ) has a portfolio of international dividend stocks. Dividend stocks from the U.S., Canada, and Japan made up more than half of WDIV’s portfolio. The fund currently has a dividend yield of about 4.7%, only slightly higher than the 10-year treasury rate. The fund has inferior total return than other international dividend growth funds in the past 10 years. Therefore, we think investors may want to seek other dividend funds instead....

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